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(H18) Enters Decent 130.45-130.39........>

BOBL TECHS
BOBL TECHS: (H18) Enters Decent 130.45-130.39 Support Zone
*RES 4: 131.05 Jan 18 low, now resistance
*RES 3: 130.92 Jan 12 low, now resistance
*RES 2: 130.82 Hourly high/low Jan 26
*RES 1: 130.63/68 Hourly resistance
*PRICE: 130.47 @0945GMT
*SUP 1: 130.45 76.4% Fibo of 129.74-132.74
*SUP 2: 130.41/42 0.5% volatility band, intraday low
*SUP 3: 130.39 Nov 14 low
*SUP 4: 129.74 1% volatility band
*COMMENTARY* Has again opened lower today, 130.42 posted before finding some
support, aided by heavily oversold hourly conditions. The 130.45-130.39 area is
seen as a decent support band and a bounce from around here would not be
unexpected. In this respect, 130.63-130.68 is initial resistance back above the
latter would give some momentum to a recovery. 130.82-130.92 then the next
likely barrier to surmount.

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